AIM listings dry up in Q1 on commodity rout

April 5, 2015 11:00 PM

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LONDON, April 6 (Reuters) - New listings on Britain's Alternative Investment Market all but dried up in the first quarter as the commodity price rout deterred mining and oil companies, which traditionally seek financing there.

According to AIM-focused accountancy firm UHY Hacker Young, around 84.9 million pounds ($125 million) was raised via new listings on AIM in the first quarter of the year, down 93 percent year on year and 87 percent quarter on quarter.